18-Dec-2024
2 mins read
.jpg)
.jpg)
 1.jpg)
.jpg)
Transrail Lighting IPO Price Band
Transrail Lighting IPO price band is yet to be announced. The minimum amount of investment for the retail category is to be around Rs 14,700 and for small NII minimum investment is to be around Rs 2,01,200. The minimum investment for the Big NII is to be around Rs 10,01,500.
Transrail Lighting IPO FAQ
1. What are the details of the Transrail Lighting IPO?
Transrail Lighting IPO is a book-built issue of Rs 400 crores plus. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 400 crore and offer-for-sale is of Rs 1.02 crore equity shares.
2. When will the Transrail Lighting IPO open and close?
Transrail Lighting IPO open date is Thursday, 19 December 2024 and closing will be on Monday, 23 December 2024. Initiation of refund date is 26 December 2024 and credit of shares will be on 26 December 2024.
3. What is Transrail Lighting IPO GMP?
Transrail Lighting IPO GMP is Rs 117 per share. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed, then Transrail Lighting IPO GMP might rise in the coming days.
4. What are the details of Transrail Lighting IPO reservation?
Transrail Lighting IPO subscription details will be available after the IPO opens on 25 December 2024. In the QIB category, 50% of the net offer is reserved. The remaining 35% is reserved for retail investors, and 15% is for Net Institutional investors.
5. Write the details of the IPO Allotment Status?
Transrail Lighting IPO allotment status will be finalised on Thursday, 19 December 2024. The listing will be on the BSE and NSE platforms on Friday 27 December, 2024. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.
6. Who is the registrar and lead managers for Transrail Lighting IPO?
Transrail Lighting IPO's registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status.
The lead managers are Inga Ventures Private Limited, Axis Capital Limited, HDFC Bank Limited, IDBI Capital Markets and Securities Limited.
What is an IPO Price Band?
IPO price band is the price range of the upcoming IPO set by the issuing company after consulting investment banks handling the IPO. Within the price band, investors can bid for the shares during the IPO bidding time.
The IPO price band is set based on factors like market conditions, industry trends and company valuation. The IPO price bands include a floor price (minimum bid price) and a cap price (maximum bid price).
Investors submit the IPO bids within this IPO range during the IPO subscription period. The final issue price is determined through a process called book-building, where the company anticipates the investors demand. The IPO price band is important for investors and for ensuring a successful IPO launch.